iShares Convertible Bond ETF $ICVT Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its stake in iShares Convertible Bond ETF (BATS:ICVT) by 16.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,950 shares of the company’s stock after selling 8,564 shares during the period. Sanctuary Advisors LLC owned approximately 0.15% of iShares Convertible Bond ETF worth $4,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Focus Partners Wealth purchased a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $663,000. Creative Planning purchased a new position in shares of iShares Convertible Bond ETF during the 2nd quarter worth $350,000. Qube Research & Technologies Ltd raised its holdings in shares of iShares Convertible Bond ETF by 144.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,331 shares of the company’s stock worth $300,000 after acquiring an additional 1,969 shares during the period. BNP Paribas Financial Markets boosted its position in shares of iShares Convertible Bond ETF by 137.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 54,066 shares of the company’s stock valued at $4,871,000 after acquiring an additional 31,263 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in shares of iShares Convertible Bond ETF by 7.5% during the 2nd quarter. MML Investors Services LLC now owns 143,831 shares of the company’s stock valued at $12,959,000 after acquiring an additional 9,991 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of ICVT opened at $113.74 on Monday. iShares Convertible Bond ETF has a 12-month low of $90.77 and a 12-month high of $126.56. The firm has a 50-day moving average price of $119.11 and a 200 day moving average price of $110.13.

iShares Convertible Bond ETF Profile

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.